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to privatize airport security? hi everybody. let's go in focus with mr. steve forbes. steve, the evidence is mounting at maybe we should privatize. >> absolutely, david. we see real experiments in this country. 16 airports have privatized security. including san francisco and a study was done comparing san francisco to los angeles and san francisco even though it's a private contractor, the agents are trained like they are for regular tsa. 65% more productive than in los angeles. they have more flexibility though the pay and the benefits are the same. it works. >> rick, let me put it to you this way. is it possible that privatization could be worse than what we have now? >> probably not. to steve's point he is right. the statistics between san francisco and l.a., san francisco did great. however, so you understand the full story, there are other airports that tried where it didn't come out any worse but not so good. look, if you look into what a lot of the aviation experts have to say, basically what they tell us is it's a nicer wrapper around the same product. you still have government s
's incentive. >> go to-- we got free lunch and that's po pork. >> brenda: and okay. steve, go ahead, weigh in on this? >> it's far worse than anything you guys are talking about here. it's not the political press. with a few notable exceptions, nobody in washington cares about the taxpayers. that's the problem here. listen,voters want to get rid of all this. they say it over and over again and if it takes a few senators want to do this, they insist on doing it, they insist on these things being included, all it takes is somebody to say no. >> oh. >> brenda: gary b, gary b is dying to get in here. go ahead. >> well, i don't agree, i don't agree with steve because he says the voters want to get rid of it and it's kind of like the not in my back yard. only the flip side. they want to get rid of it unless my gosh, you're going to take away that bridge or that pork you're going to build in my neighborhood. forget it. and that's-- you're wrong with that. >> you are wrong about that. tom coburn got elected saying i'm not doing anything for oklahoma. >> that was oklahoma. >> why do we have a balan
.s. federal reserve board. and the always wonderful steve moore. you recognize him from "the wall street journal." that is him on the right there. john, let me start with you. >> yes. melissa: seems like they're making a situation that could have been resolved because of course they're not taking the 10% levy on deposits but keeping banks closed. people are beginning to panic. they're almost guaranteeing a run on the bank. are they making the situation worse? >> not politically. if tomorrow you wake up and you find there is a 10% tax on your bank deposits, you will not be happy. if you're a politicianin cyprus you're dealing with this and they're bank backing away from it. it was a bad idea in the first place. cyprus needs $10 billion from the european union and the european central bank and they have given others like greece hundreds of billions of dollars. they're upset. the cypriot banks are insolvent. they're going, they will get a run. melissa: they are insolvent and they will get a run, yeah. >> but it's notot cyprus's fault in my view. melissa: doesn't matter whose fault it is if
. the idea this could happen here is still a haunting one, one that will be addressed by steve forbes in this hour. steve forbes, "forbes" media chairman and editor-in-chief weighs in. shibani: we'll look forward to that. after hurricane sandy ravaged downtown manhattan signs of spring are emerging not necessarily in the weather but the housing market. real estate sales in the area sky vapering -- skyscrapering high. this developer had 600 million in sales this month alone. can you believe the commission on that. david: resilience lower manhattan never ends. stocks pushing higher, bouncing back from the biggest drop in nearly a month on the expectations cyprus will reach some kind of a deal over the weekend but today's gains came up post posting a weekly loss, a weekly loss. today woos good. the dow falling into the red for the first time in five weeks, while the nasdaq and s&p 500 snapped three straight weeks of gains. consumer step peltz and telecom were this week's top performing s&p sectors. >>> natural gas falling into the red but closed the week higher. prices rose more than 1%
? it is by going mini. steve crutchfield takes you to countdown college late other than this hour -- later on this hour. and we are used to charlie, like, constantly on the phone, burning up the phone lines in this building. all right, his phone was ringing off the hook. wait until you hear which industry is dialing charlie's number, and they've got his cell phone, it's even worse. next. ♪ it's monday. a brand new start. your chance to rise and ine. with centurylink as your trusted technology partner, you can do just that. with our visionary cloud infrastructure, global broadband network and custom communications solutions, your business is more reliable - secure - agile. and with responsive, dedicated support, we help you shine every day of the week. but that doesn't mean i don't want to make money.stor. i love making money. i try to be smart with my investments. i also try to keep my costs down. what's your plan? ishares. low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a pr
50%. melissa: he is a brave guy. cyprus scrambling to save its banking system. steve moore of the "wall street journal" is here with that next. >> despite the concerns of cyprus, stocks are higher. the dow just about ten points off session highs. take a look at the names leading the charge. ♪ . .. today is gonna be an impoant day for us. you ready? we wanna be our brother's keeper. what's number two we wanna do? bring it up to 90 decatherms. how bout ya, joe? let's go ahead and bring it online. attention on site, attention on site. now starting unit nine. some of the world's cleanest gas turbines are now powering some of america's biggest cities. some of the world's siemens. answers.bines uh, charles couldn't make it. his single miles card blacked him out here and here. he should have used... the capital one venture card. he's coming to us from home. hey fellas... hebaby, you want mama to iron your undies? nice tightie whities. i didn't know mrs. barkley made quilts. really? looks like a circus tent. is that the best you got? now if you put this, with this, you have a sai
administration is giving them. questions? lots of questions. steve, bad timing or is it? >> we've been doing this for years and years, i don't know if timing is the issue, you actually got it right, reason we give money to egypt and palestinians. this is a bribe, we say we'll give you money if you don't invade israel. but at a time with big cuts and programs that people care about, i was writing today about impending cuts in air traffic control system that will cause havoc in the airports, people are saying, why are you cunning this not that. neil: that sounds unreasonable. >> ier in heard that before. e never heard this before. >> the question, 300 million is last year's money. that money was -- >> use that to keep the white house open. >> that was frozen by congress, and quietly, unfrozen, is the word they are using. and obama seeking 200 million already appropriated this year from pot that says 440 million, so we're walking around throwing out money, like little christmas goodies every time john ke kerrr barack obama visits a place. neil: you can see how americans are seeing this even fed
and possibly steve cohen but that may not be the case. here's charlie. >> kind of interesting what we at the fox business network has learned from sources close to the government investigation to insider trading that a slew, that is how it has been described as, a slew of new cases are likely to come and i think they're coming from the civil side. so this is an. sec investigation, these are sec cases, coming in the next couple weeks involving inside trading. we don't have names. we don't have people. we do know one thing. what we've been told is that this does not involve sac capital and steve cohen. that regulators still have a very tough time making a case against the sac chairman, ceo and the company as you know just, asac just settled a case, sac settled the case with the sec recently. but here's what we do know. more cases are on the way. as i've been reporting in the past this destination was supposed to be sort of winding down but they do have more cases in the pipeline and we're supposed to see those cases. they don't involve sac. they don't involve cohen but we're supposed to
would be able to complain about it steve, if people have questions out there, one question is, where else can i put my money? biggest banks in the country. may or may not be at risk, there may or may not be questions, but what other options do i have, someone with serious money and saving for a lifetime. >> the banks of paying least amount of interest. there is no question that the banks the return on your investment in banks is very low, but, i do want to state that the return of your investment in u.s. banks is still highest almost that it has been, u.s. barges are safe as they have been in 50 years, i don't think there is a question there the place to be right now is in stocks. not just because stock market is rising but because earnings yield, the aim you get a dollar's worth of earnings for a dollar investment is very high. relative to what you are getting in savings accounts, that is where your money should go. stocks are the place to be. gerri: all right, lance, do you agree with that? you know you said major banks are still a financial train wreck, what do i do about that? >>
insider trading charges? charlie gasparino is up next whether or not steve cohen sut of the woods. lori: we'll see about that. a plot line straight out of "ocean's 11". how criminals pulled off unbelievable $33 million casino heist. melissa: crazy. look at the 10-year and 30-year treasury as we head out to break. the yield sinking on the 10-year, down three basis points. yield down under 2%. we'll show you the 30-year and we'll be right back. irst da. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef bere opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find se good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. >> good afternoon, i'm sandra smith with your fox business brief. charter communications shares jumping as "the wall street journal" reports john malone's liberty media is close to buying a 2
to get here. i'm not going to be an idiot to ride my bicycle to work and tucks in my pants. neil: steve, it is always good to have you. on that issue, whether it is big oil or anything above, saying the. neil: i do want to focus on this development about all of the money company selling out. but not like you'd expect help the economy. as we mentioned, a very serious commitment. >> the s&p 500 pays out in dividends. also hitting the 118 billion. letting the multiplier taken fact for invetors. the. neil: what you make of that? >> everyone running these companies -- not all of them are rational people. as opposed to taking a risk in investing it in some other way. it might create jobs, butt could also be a risk to the company. i sat on the board of the company that did just that. we looked at all of the options and say, we have cashier. we c use this cash. >> yes, this is still capital preservation. >> yes, a few things going on. a huge cash flow -- [inaudible] so they have to return it one way or the other. next 10 years, shares of the next decade could go up to be one it can remarkably g
. neil: steve, it is always good to have you. on that issue, whether it is big oil or anything above, saying thank you orville and wilbur... ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. let's say you pay your guy around 2% to manage your money. that's not much you think. except it's 2% every year. does that make a difference? search "cost of financial advisors" ouch. over time it really adds up. then go to e-trade and find out how much our advice costs. spoiler alert: it's low. really? yes, really. e-trade offers investment advice and guidance from dedicated, professional financial consultants. it's guidance on your terms, not ours. that's how our system works. e-trade. less for us. more for you. the. neil: i do want to focus on this development about all of the money com
tell me. neil: the details of which, not to relate, but at this time, everyone said, is this a steve jobs situation? do we know if he is sicker tha we think, you know that went. >> i remember. it was horrible, some articles that came out, one in particular from "wall street journal,." neil: i remember. >> it was tough on my family, it wa saying, you know you have cancer, it will be awkward. why put people in that position. >> did you ever just want to quit out right? >> absolutely not, i started something, i wanted to see it to a good spot, we had not closed with federal reserve yet. we were just about to do that transaction, i committed to people that i wanted to do it, neil, you have to live every day, until you can't. i was in a job, i was loving what i was doing, my family and i spending goo timin time toget. neil: did anyone say this is a threat to your life? you might die? >> for me? >> i was given 9 months to a year to live, so i knew i had until may until i was showing bad affects and i knew i had to work with the board on suck last thing i wanted for my family and tor to say
will have in california with the legislature. gerri: among many. let's be clear, steve. thank you for coming, always great to have you here. this is an example of what is wrong with this country, and i'm glad you're bringing it. unbelievable. more to come this hour. more to come including are we near the end of the government's role in fannie and freddie? and next, more sequester hiding the hypocrisy from the administration concerning our armed forces. i will break it down after the break. my mother made the best toffee in the world. it's delicious. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company throh legalzoom. never real thought i would make money doing what i love. [ robert ] we created legalzoom toelp people start their business and launch their dreams. go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your side. @@make your business dream a reality. at od, whatever business you're in, that's the business we're in. with premium service like
are not cheap. steve, the directer of the narc institute for early education research at rutgers was consulted by the white house. there's a number, estimated, one the president's plan, that early childhood education could cost up to $10 billion a year, rick. this goes in the line of more spending, more recovery. this is a lot of money. >> well, yeah, but here's the concern. i don't know how you can make the argument that 800,000 civilian defense workers losing their jobs can be good for the economy. i don't quite see how that's possible, and now on spending on preschool, look, what we're looking at now, forget the president's agenda to increase it. we're now looking at a major cut to head start because of the sequester. i don't know if that impacts on the economy today, but you can't tell me this is a good thing for the future when we take away the programs for kids. >> bottom line is, literally, barack obama needs more revenue. he needs another source. he just raised taxes on the risk, talking about closing deductions which is not enough. i'd like to predict they will eventually put another
. should you be using this company to build up your portfolio? ceo steve burke wits joining us coming up next in a fox business exclusive. ♪ thank you orville and wilbur... .amelia... neil and buzz: for teaching us that you can't create t future... by clinging to the past. and with that: you'reistory. instead of looking behind... delta is looking beyond. 80 thousand of us inveing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. today is gonna be an important day for us. you ready? we wanna be our brother's keeper. what's number two we wanna do? bring it up to 90 decatherms. how bout ya, joe? let's go ahead and bring it online. attention on site, attention on site. now starting unit nine. some of the world's cleast gas turbines are now powering some of america's biggest cities. siemens. answers. investor. yeah, ibut i'm a busy guy.or it used to be easier but now there are more choices than ever. i want to know exactly what i am investing in. i want to knowxactly how much i'm paying. i want to
will have in california with the legislature. gerri:mong many. let's be clear, steve. thank you for coming, always great to have you here. this is an example of what is wrong with this country, and i'm glad you're bringing it. unbelievable. more to come this hour. more to come including are we near the end of the government's role in fannie and freddie? and next, more sequester hiding the hypocrisy from the administration concerning our armed foes. i will break it down after the break. [ male announcer ] what?! investors could lose tens of thousands of dollars in hidden fees on their 401(k)s?! go to e-trade and roll over your old 401(k)s to a new e-trade retirement accou. none of them charge annual fees and all of them offer low cost investments. e-trade. less for us. more for you. from the united states postal service a small jam maker can ship like a big business. just go online to pay, print and have your packages picked up for free. we'll do the rest. ♪ uh, charles couldn't make it. his single miles card blacked him out here and here. he should have used... the capital one venture ca
and tucks in my pants. neil: steve, it is always good to have you. on that issue, whether it is big on that issue, whether it is big oil or anything above, saying [ male announcer ] you are a business pr omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ] yes, you could business pro. yes, you could. national. go like a pro. ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in erything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. got you ! you cannot escape the rebel forces ! ahhh. got you ! got ya ! gotcha ! got ya. that's all you got, brother ? take that. never having to surrender the things that m
of people wrote them off of after steve jobs. >> that's a good one. when you beat the street, and one of the best when you talk about tech. adobe up 5.5% and obviously a leader and raised their full year numbers and when you do that, that helps things along as well. charles: i tell you what, all green arrows and great stories. thanks a lot, nicole. >> thanks. charles: russia to the rescue? that's right, cyprus' financial ministers in russia right now and you think he's pleading for a financial lifeline, but cyprus actually denies that. now though russia help-- we know if it comes, it's not for free, despite the low interest rate loan they've given. they want to tap the natural gas and established a navy base in the mediterranean and we've got donald jenson, an expert on russia and the russian mob and joins us now. >> i think one of the things that makes the whole deal palatable was that the money was being taken to the russian mob and that's okay. was that really the case? >> i think the mob broadly understood, yes. the germans in particular have long been concerned about rumors that
happening. plus, steve more of the "wall street journal" weighs in on whether the plan makes sense or if they should just go bust. and you can look, but you cannot take it home. how e-commerce is changing the way you can shop. coming up next. ♪
lead to steve cohen, sac former fund manager trading on alleged insider information on elon. expert period of time network guy giving him the information. he was looking at the capital whole another time before the financial crisis because he thought they were cherry picking. looked like certain of segna's hedge fund clients obviously they got a tip along those lines. they were getting benefits. others weren't. when was raj. whether they looked at trading went on the trading looked suspicious. ahead of deals. sort of the stuff in this indictment. they looked at raj's trading too. that is when they really, that's when they really started to bear down. that is what led to raj rajaratnam, fascinating that the brother who started the whole thing who got raj, bigger brother in trouble is now six years later now being --. ashley: he is not off the hook. >> not off the hook. pleading not guilty. his brother did as well. we'll see what ha hoops. ashley: great stuff, charlie gasparino. >> follow that line of reasoning. hopefully makes for a great book. tracy: will make a great book. good stu
Search Results 0 to 28 of about 29 (some duplicates have been removed)